The security deposit and possibility to get prorated refund for unused days rent the faster they vacate is a very effective incentive!

I bailed them out of many of them.. but some were beyond help.So if I was in Chance's position I would want to know what effect RECORDING the lease option has on my Title and how long would it take to get it off how much would it cost etc These deals all sound great up front its what happens when they turn turtle that creates the havoc.

After close, since the tenant has no signed contract and is effectively month to month, you provide them a contract to sign with the rental amount as you would have charged for the upper suite and one that allows them to move back into the lower suite at a reduced rate a little higher than they were previously paying.

It caused a big fear there because so many people are dependant on the base and the people that work there.Loosing the base would drastically effect the economy and the factories dont really pay people very much on average.

@Jennifer Rysdam Unless a client is doing 100+ deals per year, the 'volume' factor is meaningless because I can't cost-effectively automate any processes to reduce my costs/time.

I guess this questions the effectiveness of my agent, and perhaps a more motivated/creative one would be suggesting this and carrying it out.....?

Text or leave a voicemail via Slydial to the effect of: "Thank you for the heads up regarding your situation; however, unless you're calling to inform me that you'll be breaking the lease, i do not care to be involved in your personal issues."

@Vickiel WoodardFirst, congratulations on taking some VERY positive steps under difficult personal situation.I would guess from your post that you have some expenses to incur for repair, rehab and carrying costs, before you begin receiving income.If your intent is to hold as rentals for good cash flow, a fix n flip type lender (where most SFR investor lending is available), will probably not be interested unless they believe you plan to sell after rehab.As you stated, you won't qualify for a conventional or institutional loan, not only because of credit but also because of loan size.The suggestions made by posters so far are some version of(1) sell as is one, two, or all(2) sell one and use proceeds to fix up other twoNot bad advice, depending on your goals.These lower end houses will sell for a VERY low price in relation to their rental income because (1) tenant types will most likely be a problem or at least be high maintenance, i.e. chasing them for rent, high turnover, life crisis, employment problems, etc, and (2) unless area undergoes gentrification price increases will be non existent (3) effective outside property management is probably not available.So, if you are able and willing to manage the property and tenants yourself, keeping the properties as cash flow rentals can be a VERY lucrative activity.I would find an experienced contractor, and talk him into either (1) partnering with you by providing his services as a contribution for buying an equity interest in the houses or (2) accepting a lien on the properties in lieu of immediate cash payment to perform the necessary rehab and either making monthly payments to him to pay off the lien once the units are rented or paying him off by refinancing once the properties are rehabbed and income is established, though as mentioned a loan would be somewhat difficult to accomplish.An alternative is to attend your local REIA meeting, and discuss a partnership with some of the more passive investors.BTW, are you paying typical credit card interest rates of 12-24%, or did you get an introductory deal giving you a low or no interest loan for 6 -12 months?  

I entered into this coaching arrangement with the expectation that a professional coach with ‘decades of experience’ would have an established coaching program; a course syllabus of some sort, course material, homework, a coaching call schedule, etc.. but I soon came to realize that Brian is effectively ‘winging it’.

If we are going to talk about the health effects then you should mention delta-9 THC is one of the best known triggers for psychosis in people with bipolar disorder.If there is going to be a lawsuit that is most likely to be the related illness.